SEC Seeks Trial of Swedish National Over Alleged Fraud That Took $3.5M in Crypto
The man is alleged to have fleeced 2,200 victims in the U.S. and 45 other countries, netting $3.5 million via payments in bitcoin and other digital assets.
The man is alleged to have fleeced 2,200 victims in the U.S. and 45 other countries, netting $3.5 million via payments in bitcoin and other digital assets.
Bitcoin invented a new asset as well as new infrastructure. Often, we confuse the two roles it plays.
Digital security exchanges that ensure listed assets are legitimate will not face sanctions, the SEC said in an open letter.
The class-action alleged the Maker Foundation and others knowingly misrepresented the risks of investment in MakerDAO.
Changing the standard way financial institutions communicate changes everything.
With most stablecoins pegged to dollars, the crypto industry is wedded to a single currency with uncertain prospects. Time to diversify.
A Caribbean-based firm is in hot water with the CFTC for allegedly allowing U.S. retail investors to partake in leveraged trading of cryptocurrencies and precious metals.
Nic Carter appears on our new Opinionated podcast to discuss the $20 billion stablecoin phenomenon and its implications for the global financial system.
The Bahamas has unveiled key details powering its historic launch of a central bank digital currency, now slated to debut on October 20.
The case, the website, the circumstances and the source all share parallels with another recent federal murder-for-hire prosecution.
Sushi. Yams. Hot dogs. DeFi memes may be a joke, but they point to how money is always created: community storytelling. Plus: a new podcast.
Following the publication of the FinCEN Files on Monday, investors suing OneCoin have now added allegations against BNY Mellon to their lawsuit.
For some, the OCC's recent stablecoin guidance, while helpful, raises as many issues as it clarifies.
Roskomnadzor blacklisted Binance in June, but apparently only made the cryptocurrency exchange aware of its decision today.
Several Chinese state-owned media have made unusual coordinated reports describing cryptocurrencies as the year's top performing investment.
The Internal Revenue Service plans to make all income tax payers check a box indicating whether they have transacted in crypto over 2020.
Lael Brainard, who has been involved with the Fed's efforts to research a digital dollar, is seen as an ideal choice, Bloomberg sources said.
A bill introduced by Rep. Tom Emmer could clarify the status of digital tokens issued as part of a securities offering under securities law.
The Digital Commodity Exchange Act would bring crypto exchanges into a single federal framework, overseen by the Commodity Futures Trading Commission.
The European Commission has formally proposed legislation that will provide a comprehensive regulatory regime for cryptocurrencies.
The Ministry of Finance is seeking amendments to the law that would force cryptocurrency users to report wallet balances and large transactions to the tax authorities.
The Venezuelan agency responsible for regulating cryptos has legalized the mining industry, but in the process mandated it be centralized under government control.
Messaging app company LINK has started a rewards program where people can get LINK tokens by using its remittance and investment mobile apps.
Stablecoins. Bitcoin. Libra. China's DCEP. Digital $. By 2030, there could be dozens of competing currencies. How will the money wars play out?
The U.S. government has today announced the results of one of the biggest ever seizures of drugs sold on the dark web.
The EU central bank said the term stablecoin is potentially "confusing" and "misleading" to consumers.
A digital euro for retail payments would "ensure that sovereign money remains at the core of European payment systems," according to Legarde.
The Chinese e-commerce giant has reportedly agreed to help the nation's central bank develop infrastructure including a wallet for its cash-equivalent digital currency.
The U.S. OCC has published fresh guidance, officially clarifying national banks can provide services to stablecoin issuers in the U.S.
For a moment, it looked as if crypto would make a huge stride in Venezuela. But accessing funds from abroad has been difficult.
